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Bitmain’s New 7nm Antminer Goes on Sale on November 8

Mining rig manufacturer Bitmain Technologies has announced the company’s latest Antminers equipped with 7nm semiconductors will go on sale on Nov. 8. According to the China-based organization, Bitmain will release two new models called the Antminer S15 and the T15.

Bitmain Plans to Sell Its New Antminers This Week

Bitmain will soon be selling new Antminers equipped with 7nm semiconductor technology. The company published a statement on Tuesday, detailing that the two latest models, the S15 and the T15, will be available for purchase on Thursday, Nov. 8 at 9 a.m. EDT. News.Bitcoin.com reported on Bitmain’s next-generation ASIC BM1391 Finfet chip during the second week of September when Bitmain CEO Jihan Wu revealed the new technology. The 7nm chip was created by Bitmain and the world’s largest independent semiconductor foundry TSMC.

“We are officially announcing the release of our new 7nm miners which possess industry-leading hash rates designed to mine with the SHA256 algorithm,” Bitmain explained on Twitter.

Bitmain Claims Chip Energy Efficiency Ratio Will Be as Low as 42 Joules per Terahash

The company’s website has one preview photo of the machine, which looks far different than the previous Antminer series. At the moment the website overview, pricing, specifications, and photo gallery is unavailable for public viewing. However, the company’s announcement on Wechat explained that the S and T series are SHA256 miners that can mine bitcoin cash (BCH) and bitcoin core (BTC) with the mining capacity as low as 42 joules per terahash.

“The next-generation of chip integrates up to 1 billion transistors and is optimized algorithmically — With a unique circuit structure and low power technology, the chip energy efficiency ratio will be as low as 42 J/TH,” the Bitmain announcement explained on Wechat.

Of course, the difficulties of both the BTC and BCH chains coupled with the S and T series pricing will determine how profitable the new devices will be mining these cryptocurrencies. Further, Trump’s latest tariffs may affect prices for those who are importing Antminers to the U.S. There’s also a lot of competition that’s been announced over the past few months as a few other manufacturers are planning to launch next-generation machines. For instance, Canaan’s Avalon 911 will be powered by a 7nm semiconductor, and the firm claims it will perform at 18 terahashes per second (TH/s) and have a power consumption of 1440w.

What do you think about the new Antminer S and T series equipped with 7nm chips? Let us know what you think about this subject in the comments section below.

Images via Shutterstock, Bitmain, and Pixabay.

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